Washington University
92% goes to programs $5 to raise $100 Strong reserves
Washington University is a 501(c)(3) organization based in St Louis, Missouri, registered in 1933, with $5,204,380,540 in FY2023 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
7425 Forsyth Blv Ms1000-414354, St Louis, MO, 63105 EIN 43-0653611 Since 1933
Revenue (FY2023)
$5.2B
▲ 2.3% vs prior year
Education median: $200K
Expenses (FY2023)
$5.6B
Net assets
$16.1B
Employees
30,987
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating92% to programs · $5 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Washington University: 92% to programs · $5 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating35 mo reserves · -7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Washington University: 35 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Washington University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Washington University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The washington university is a co-educational, nondenominational university with a long and distinguished history of teaching, research and (cont'd on schedule o)
What they do
Research - this category includes all expenditures for activities specifically organized to produce research outcomes, whether commissioned by an agency external to the institution or separately budgeted by an organizational unit within the institution. subject to these conditions, it includes expenditures for individual and/or product research as well as those of the institutes and research centers. revenues exclude government grants which are reported as contributions. during fiscal year 2024, the university received 4,950 direct and indirect awards.
Auxiliary and student support services - expenses incurred are primarily for the support of students. auxiliary activities including student housing, food service, transportation and campus parking. student services are those activities that directly support the students but do not qualify as management and general costs. significant components include central and school-specific admissions, registrars, career planning and placement offices, student financial aid loan offices, student health services, athletics, student activities office, international students office, and the vice chancellor for students office.
Contact & location
- Address
- 7425 Forsyth Blv Ms1000-414354, St Louis, MO, 63105
- City
- St Louis
- State
- Missouri
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.8B (FY2013) to $5.2B (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $4.4BNet assets $16.1B
Operating margin
-6.8%
Spent more than it raised in the latest fiscal year.
Total assets
$20.5B
Total liabilities
$4.4B
Net assets
$16.1B
Salaries & benefits
$3.0B
53% of expenses
Board members
43
41 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,204,380,540▲2.3% | $5,558,765,254▲10.9% | $16,055,296,160▲4.4% | $20,486,807,000▲3.5% | 990 |
| 2022 | $5,086,312,965▼8.6% | $5,011,674,219▲11.6% | $15,385,744,569▼4.1% | $19,792,327,000▼3.2% | 990 |
| 2021 | $5,567,524,594▲13.8% | $4,492,247,424▲10.1% | $16,044,453,328▼9.6% | $20,436,866,000▼3.7% | 990 |
| 2020 | $4,891,410,261▼3.5% | $4,080,045,645▲3.6% | $17,750,105,348▲50.8% | $21,212,747,000▲40.4% | 990 |
| 2019 | $5,068,168,252▲23.7% | $3,937,259,184▲6.6% | $11,768,305,029▲6.5% | $15,103,569,000▲6.8% | 990 |
| 2018 | $4,096,488,220▲22.4% | $3,691,900,120▲15.7% | $11,048,931,625▲16.5% | $14,144,232,000▲17.7% | 990 |
| 2016 | $3,346,518,954▲5.1% | $3,190,155,427▲6.5% | $9,482,179,000▲8.4% | $12,019,319,000▲8.5% | 990 |
| 2015 | $3,185,323,683▲1.8% | $2,994,711,670▲8.3% | $8,744,781,000▼3.4% | $11,081,059,000▼1.2% | 990 |
| 2014 | $3,129,343,358▲12.7% | $2,765,086,838▲5.8% | $9,048,667,000▲3.1% | $11,216,781,000▲3.9% | 990 |
| 2013 | $2,776,824,017 | $2,614,420,821▲4.4% | $8,778,395,000▲11.7% | $10,799,836,000▲10.1% | 990 |
| 2012 | — | $2,503,604,210▲5.6% | $7,860,483,000▲7.6% | $9,807,330,000▲7.1% | 990 |
| 2011 | — | $2,370,321,825▲3.7% | $7,302,870,000▼0.7% | $9,158,653,000▼1.5% | 990 |
| 2010 | — | $2,286,135,000▲7.0% | $7,352,132,000▲15.6% | $9,293,829,000▲12.7% | 990 |
| 2009 | — | $2,137,298,000 | $6,362,269,000 | $8,246,595,000 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Scott Wilson — $10,442,082 (0.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Scott Wilson | Chief Investment Officer | 40 | $10,442,082 |
| Andrew Choquette | Dep Chief Investment Officer | 40 | $3,829,488 |
| Jennifer Voelker | Coo - Investment Mgmt | 40 | $2,120,653 |
| David Perlmutter | Exec Vc Medical Affairs | 40 | $2,061,388 |
| Adam Kurkiewicz | Managing Dir. of Investments | 40 | $1,970,363 |
| Michael Dore | Managing Dir. of Investments | 40 | $1,968,269 |
| Ryan Nunley | Assoc Prof of Ortho Surg | 40 | $1,770,269 |
| Andrew Martin | Chancellor | 40 | $1,464,543 |
| Paul Scheel Jr | Vc Clinical Affairs | 40 | $1,133,402 |
| Beverly Wendland | Provost & Exec Vc Acad Affairs | 40 | $870,619 |
| Richard Stanton | Vc Medical Finance & Admin | 40 | $792,466 |
| Kurt Dirks | Former Vc Int'l Affairs | 40 | $690,721 |
| Monica Allen | Vc & General Counsel | 40 | $681,001 |
| Jessie Minton | Vc & Chief Info Officer | 40 | $665,721 |
| Mark Lowe | Vc Research | 40 | $553,355 |
| Greg Barrett | Vc Bio Med Strategy & Mktg | 40 | $552,075 |
| Eva Aagaard | Vc Medical Education | 40 | $520,140 |
| Amy Kweskin | Exec Vc Finance & Cfo | 40 | $518,455 |
| Pamella Henson | Exec Vc University Advancement | 40 | $484,284 |
| William Stoll | Sr Vc University Advancement | 40 | $468,774 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Clayco Construction Company | Construction Service | $99,024,077 |
| Mccarthy Building Companies Inc | Construction Service | $65,970,310 |
| Alberici Healthcare LLC | Construction Service | $54,893,784 |
| Tarlton Corporation | Construction Service | $27,503,346 |
| Workday Inc | Consulting Services | $15,070,726 |
Grants received · $1.6B total
1,313 grants to Washington University totaling $1.6B, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Target Als Foundation Inc | Scientific research | 2025 | $213,046 |
| The Foundation For Barnes-jewish Hospital | Research, patient support, education, md recruitment | 2024 | $44,979,956 |
| St Louis Childrens Hospital Foundation | Pediatric research efforts and support for other clinical efforts and program services | 2024 | $14,437,193 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $13,288,186 |
| American Heart Association Inc | Research | 2024 | $4,880,322 |
| St Louis Community Foundation Incorporated | For accelerating discovery at the elizabeth h. and james s. mcdonnell iii genome institute., to support the research of dr. christopher a. maher, eliot society support | 2024 | $3,903,804 |
| Blood Cancer United Inc | Research grant | 2024 | $2,252,023 |
| Mayo Clinic Group Return | Support charitable programs | 2024 | $2,176,906 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $2,083,250 |
| Michael J Fox Foundation For Parkinsons Research | Parkinson's research | 2024 | $1,473,355 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $1,450,000 |
| The V Foundation | Cancer research | 2024 | $1,200,000 |
| The V Foundation | Cancer research | 2024 | $1,000,000 |
| Cystic Fibrosis Foundation | Therapeutics discovery research | 2024 | $865,569 |
| American Diabetes Association Inc | Early investigator award | 2024 | $753,141 |
Grants made · $100.0M in FY2023
359 grants totaling $100.0M in FY2023 — showing the 15 largest. All grants made by Washington University →
| Recipient | Purpose | Amount |
|---|---|---|
| Regents of the University of California | Research | $4,647,844 |
| University of Pittsburgh | Research | $4,221,543 |
| Regents of the University of Minnesota | Research | $4,140,079 |
| Columbia University Trust T6010632 | Research | $2,883,919 |
| University of North Carolina At Chapel Hill | Research | $2,846,842 |
| Mass General Brigham Incorporated | Research | $2,600,223 |
| Mayo Clinic | Research | $2,571,896 |
| Regents of the University of Michigan | Research | $2,001,975 |
| Indiana University | Research | $1,992,312 |
| Vanderbilt University Medical Center | Research | $1,845,612 |
| Lectrolyst LLC | Research | $1,802,947 |
| Northwestern University | Research | $1,774,901 |
| Duke University | Research | $1,668,058 |
| Ohio State University | Research | $1,644,447 |
| Emory University | Research | $1,642,747 |
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Frequently asked questions
- Is Washington University a legitimate nonprofit?
- Yes. Washington University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-0653611, based in St Louis, Missouri. Donations are tax-deductible.
- What is Washington University's EIN?
- Washington University's Employer Identification Number (EIN) is 43-0653611.
- How much revenue does Washington University report?
- Washington University reported $5,204,380,540 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Washington University's spending goes to programs?
- Washington University spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Washington University have?
- CharityIndex grades Washington University A, based on program efficiency and fundraising cost.
- How much does Washington University's highest-paid employee make?
- The highest reported compensation on Washington University's latest Form 990 is $10,442,082, paid to Scott Wilson (Chief Investment Officer).
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Data for Washington University (EIN 43-0653611) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.